Sunday, October 17, 2004

Deficit? What deficit?

The most distressing aspect of the 2nd Presidential debate was the fact that neither candidate answered the question about the deficit (and Gibson allowed himself to be walked over, as throughout the debate).

When questioned by Russert on MTP, Edwards noted Bush's fiscal irresponsibility, and named parties who had called their plan for deficit reduction better than Bush's. Specific proposals quoted:

  • roll back tax cuts for people earning more than $200,000/yr
  • cut "corporate welfare" (heh) and close "corporate loopholes"
  • "get rid of some beauracracies"
  • impose pay-as-you-go rules
  • roll back some expenditure plans if necessary

You can read the Kerry plan for yourself at http://www.johnkerry.com/pdf/budget.pdf

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